3653 Murdoch AveParkersburg, WV 26101

  • Land
  • 0.00 AC
For Sale
$244,000 View listing

Property Details for 3653 Murdoch Ave

Lot size
0.00 AC
Property type
Land
Property subtype
Commercial land
APN
54-04- 19-0073.0000
APU
54041900730000

Description

This mixed-use property at 3653 Murdoch Avenue in Parkersburg, West Virginia, presents a compelling investment opportunity. The 2,184 square foot building, constructed in 1934, sits on a 0.34-acre lot and is currently configured as a salon with a lease in place, generating a net monthly income of $2,000. The property enjoys a high-traffic location adjacent to Grand Central Mall and other retail establishments, ensuring excellent visibility and accessibility. The asking price is $244,000, translating to $111.72 per square foot. Note that the existing billboard does not convey with the sale. All personal property and equipment belonging to the current salon tenant will be removed upon request of a new owner who does not intend to renew the lease. Interior photos depict the space before recent tenant improvements and upgrades. This property is ideal for investors seeking a stable income stream and strong potential for future growth in a vibrant commercial area. The property's zip code is 26101, and it is located in Wood County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,334
    Hospitality
    $15,878
    Educational
    $13,210
    Medical
    $13,665
    Retail
    $20,549
3653 Murdoch Ave, Parkersburg, West Virginia

Location Insight

City
Parkersburg
County
Wood
State
West Virginia
Latitude
39.2961
Longitude
-81.5472
CBSA code
37620
CBSA name
PARKERSBURG-MARIETTA-VIENNA, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16
$660
-
$660
-
$1,100
-
$1,100

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